Top 7 Flexicap Mutual Funds Based on Rolling Returns in 2025

Key Takeaways:

Flexicap mutual funds offer flexibility to invest across large, mid, and small caps.

Rolling returns show consistent performance over time, not just one-time spikes.

Top performers like HDFC, Parag Parikh, and Quant Flexicap show strong 3- and 5-year returns.

Choose funds with steady returns and low expense ratios for 3–5-year goals.

Always align fund choice with your time horizon and risk tolerance.

Table of Contents

What are Rolling Returns & Why They Matter

Rolling returns (or trailing returns) refer to the returns achieved over past periods (like 1-year, 3-year, 5-year) recalculated continuously. They smooth out timing effects, reduce bias from picking a particular start date, and help compare how flexicap mutual funds have performed over different market cycles.

Methodology

We look at 1-year, 3-year, 5-year annualised rolling returns.
Funds are selected from India’s flexicap category.
Data is taken from recent published sources.
The ranking is based primarily on the 3-year rolling return, but 1-year and 5-year returns also critically important.

The Top 7 Flexicap Mutual Funds (Example Data)

Here’s a scrollable table of 7 flexicap mutual funds with their current rolling returns. (Note: Data approximate; verify with latest sources before investing.)

Flexicap Fund	1-Year Rolling Return*	3-Year Rolling Return*	5-Year Rolling Return*
HDFC Flexi Cap Fund (Direct-G)	~ 3.4 %	~ 24.2 %	~ 29.9 %
JM Flexicap Fund (Direct-G)	~ −10.2 %	~ 24.2-26.2 %	~ 27-29.4 %
Parag Parikh Flexi Cap Fund	~ 4.2 %	~ 22.8-23.4 %	~ 22.9-28.9 %
Quant Flexi Cap Fund	(not always provided for 1-year)	~ 19.57-22.3 %	~ 30-31.6 %
Franklin India Flexi Cap Fund (Direct-G)	~ 11.0 %	~ 21.4 %	~ 29.4 %
Motilal Oswal Flexi Cap Fund Direct	~ small positive or near-zero in 1-year in many cases	~ 22-23 %	~ 20-26 % depending on source
Bank of India Flexi Cap Fund Direct	~ slightly negative or low in recent 1-year in some sources	~ 23-24 %	~ 26-27 %

* “Rolling Return” = annualised return over the past n-years as per published reports. These are not guaranteed; fund performance can change.

Key Insights

Variability across time-horizons: Some funds show strong 5-year returns but relatively weak 1-year returns, highlighting short-term volatility.
Consistency matters: Funds that deliver stable 3-year and 5-year returns tend to have better risk-adjusted profiles.
Fund size / management quality: Larger AUM funds often have more stability, but sometimes smaller flexicap funds outperform in rising markets (though carry higher risk).
Expense ratio & allocation: Lower expense ratio helps; also how much exposure the fund has to mid/small cap vs large cap impacts return & volatility.

How to Use This to Choose Flexicap Mutual Funds

Match with risk-profile & horizon: If you have 5+ years, emphasize 5-year rolling returns. Shorter period? 3-year or 1-year data more relevant.
Look for consistency: A fund that has moderately good returns in 1, 3, 5 years is usually safer than one with a big spike then a drop.
Check allocation & strategy: Understand how the fund manager rotates between large, mid, small caps. A flexicap mutual fund should flexibly shift based on valuations.
Compare with benchmark: Always compare with indices like NIFTY 500 TRI or BSE 500 TRI to see if outperformance is real after costs.

Limitations & What to Watch Out For

Past performance ≠ future guarantee.
Rolling returns smooth timing risk, but still affected by market regime changes.
High mid/small cap exposure can boost upside but also increase drawdowns.
Expense ratio, exit loads, tax impact, fund house reputation all matter.

Conclusion

Flexicap mutual funds offer flexibility and opportunity across market-caps. But picking the “top” ones depends on balancing returns & risk over multiple rolling periods. The 7 funds above are strong contenders — but always check the latest return data, expense costs, and your own financial goals before committing.